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Economy

Prime Minister Abiy Ahmed is implementing a wide range of reform activities to improve critical infrastructure of the country. (Image source: GovernmentZA/Flickr)

Ethiopias economy and wealth levels have been growing strongly at nine per cent per annum on average for the past five years, however, underlying political tensions risks derailing economic activity, according to Moodys Investors Service

The MoU provides for technical assistance projects to accelerate private sector and PPP growth. (Image source: poco_bw/Adobe Stock)

The African Development Bank (AfDB) and the governments of Cabo Verde and Portugal have signed a country-specific memorandum of understanding to implement the Lusophone Compact, which aims to accelerate private sector development in Portuguese-speaking countries in Africa

Ranieri Sabatucci is the EU ambassador to the African Union. (Image source: ECA)

Extending its support to the African Continental Free Trade Agreement (AfCFTA), the European Union (EU) Commission has proposed US$44.8bn to attract investments that are set to create around 10mn jobs in Africa

The Fund is creating linkages to promote regional integration, commercial exchanges and enhance food security. (Image source: AfDB)

The African Development Fund (ADF) is facilitating rapid rollout of development projects and continues to transform and sustain lives to provide a concessional buffer to needy economies on the continent

The new industrial policy aims to accelerate business operations in the country. (Image source: John Murphy/Flickr)

Zimbabwe government has launched new industrial policy with an aim to transform the economy through value addition, increase employment levels and promote a culture of savings

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